Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Latest News

Pak-China ink accord for MSA patrol vessels

byCT Report
10/06/2015
in Latest News, National
Share on FacebookShare on Twitter

ISLAMABAD: Pakistan and China signed a landmark agreement for construction of six patrol vessels for Maritime Security Agency (PMSA).

The agreement was signed today during a ceremony at the Ministry of Defence Production (MoDP) in Rawalpindi. Documents were signed by M/s China Ship Trading Company (M/s CSTC) and the Pakistani government on behalf MoDP.

You might also like

ICCI, PBA Korea sign MoU to expand trade, investment & business linkages

01/09/2026

Askari General Insurance, Askari Life transfer 51% stakes from Army Welfare Trust to Fauji Foundation

01/09/2026

According to the agreement, four ships will be constructed in China with the remaining two will be built at Karachi’s Shipyard and Engineering Works under Transfer of Technology.

The spokesman for MoDP said that acquisition of new ships is a step towards PMSA’s capacity building by the government which will boost the agency’s operational preparedness for protection of resources in Pakistan’s Exclusive Economic Zone and fishery protection.

The spokesman further said that new ships will be used for maritime law enforcement operations against drug trafficking and illegal immigration.

Last year, the Executive Committee of the National Economic Council (Ecnec) approved eight development projects worth Rs157 billion, including two signature projects of the ruling Pakistan Muslim League-N – first phase of Pakistan-China Economic Corridor (PCEC)

The committee had also approved Rs13.87bn for procurement of six maritime patrol vessels for Pakistan Maritime Security Agency.

Related Stories

ICCI, PBA Korea sign MoU to expand trade, investment & business linkages

byCT Report
01/09/2026

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) and the Pakistan Business Association Korea (PBA Korea) have signed a...

Askari General Insurance, Askari Life transfer 51% stakes from Army Welfare Trust to Fauji Foundation

byCT Report
01/09/2026

KARACHI: Askari General Insurance Co. Ltd. and Askari Life Assurance Company Limited have disclosed the transfer of their respective 51%...

FBR yet to set refund mechanism for Section 7E, Super Tax under Section 4C

byCT Report
01/09/2026

LAHORE: The Federal Board of Revenue (FBR) has yet to establish a formal mechanism for refunding taxes collected under Section...

Zong wins 5 awards at Dragons of Asia 2026, the only telecom operator to win gold for its 5G Excellence

byCT Report
01/09/2026

ISLAMABAD: Zong, Pakistan’s leading technology services enterprise, has emerged as the only telecom operator to win gold for its 5G...

Next Post

WeChat introduces English version for Windows desktop on Friday

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.